NOT LISTED FOR SALE

245 Bay 40th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $940,617 - $1,079,000

-- Bed
-- Bath
1,152 Sq Ft
$884/Sq Ft Est. Value

About This Home

This home is located at 245 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,017,904, approximately $883 per square foot. 245 Bay 40th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2015
Sold by
Coluccio Mary R
Bought by
Choi Gary and Shi Xiao Lan
Current Estimated Value
$994,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$253,654
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$728,237

Purchase Details

Closed on
Mar 21, 1997
Sold by
Coluccio Frank
Bought by
Coluccio Mary R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Choi Gary $760,000 --
Choi Gary $760,000 --
Coluccio Mary R -- First American Title Ins Co
Coluccio Mary R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Gary $320,000
Closed Choi Gary $320,000
Previous Owner Coluccio Mary $200,000
Previous Owner Coluccio Mary R $150,000
Previous Owner Coluccio Mary R $100,000
Previous Owner Coluccio Mary R $40,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,208 $57,420 $13,200 $44,220
2024 $8,208 $58,440 $13,200 $45,240
2023 $8,146 $57,660 $13,200 $44,460
2022 $7,771 $52,740 $13,200 $39,540
2021 $7,597 $56,040 $13,200 $42,840
2020 $7,597 $59,460 $13,200 $46,260
2019 $7,124 $47,280 $13,200 $34,080
2018 $6,890 $33,799 $9,146 $24,653
2017 $6,500 $31,886 $9,098 $22,788
2016 $5,704 $30,082 $11,030 $19,052
2015 $3,601 $28,380 $13,560 $14,820
2014 $3,601 $28,380 $13,560 $14,820
Source: Public Records

Map

New York Kings County Brooklyn 11214 Gravesend

245 Bay 40th St, Brooklyn, NY

This home is located at 245 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,017,904, approximately $883 per square foot. 245 Bay 40th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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